The Advantages of Investing in a Condo vs. House & Lot in Lipa City

Lipa City is considered as one of the next wave cities outside Metro Manila. Aside from its naturally cool climate and delicacies, it’s a first-growing city home to more than 300,000 people. The vast population and growth potential of the region have translated to a dynamic business and real estate sector. It’s transforming into a thriving hub with more developers and BPOs setting up headquarters in the city that translates to more jobs, livelihood, and investment flowing into the city.

When it comes to property investing, apart from the location and price, one of the key considerations in buying real estate is picking the type of property for acquisition. While house and lot are more common investment choices outside the Metro, condo living in emerging key cities like Lipa is making a case for those who want to live a suburban lifestyle while still having an easy access to CBDs.

And while choosing condos might be more attractive because these are typically less expensive than house and lots, there are many reasons why it might work better for the new normal lifestyle.

1. You get the best of both worlds.

Because Lipa is approximately an hour away from the Alabang business district and an hour and a half away from the Makati business district, residents are connected to urban comforts and everything they need for a dynamic lifestyle.

There’s abundance of fresh air and open spaces. Residents get to enjoy the premium condo lifestyle set in a laid-back and cool environment of Lipa while still being just an hour away from Metro Manila. 

Tierra Lorenzo Lipa, for instance, is strategically located close to Lipa City’s main places of business, shopping and other everyday essentials. It’s 15 minutes away from De La Salle Lipa, Robinsons Place Lipa, SM City Lipa, and LIMA Technology Center.

2. You get to enjoy exclusive amenities every day.

Residents can have a relaxing swim or an invigorating workout session without leaving the neighborhood.

Although some villages have amenities in their clubhouse, the difference lies in the quality. Tierra Lorenzo Lipa has premium and thoughtfully-designed amenities. It features a spacious pool with poolside lounge deck.

The fitness center is full-equipped so residents won’t need a separate gym membership. It has an open atrium in the building where residents can lounge and enjoy the cool Lipa breeze. The second residential tower will also have an open-air roof deck lounge and herb garden.

3. It's secure and well-maintained.

One of the best things about condo living in Lipa is security and maintenance. If you’re raising a family or will use the condo as a vacation home, the tighter security spells a huge difference in your living experience.

A good property management team will take the headache out of property upkeep compared to house and lots. You’re ensured that unauthorized persons will not be able to enter the building.

Tierra Lorenzo Lipa has 24/7 security, intercom connected to the front desk, proactive property management to ensure that the building will be cared for while also providing assistance to unit owners and residents.

4. It’s a wise long-term investment.

In or out of the metro, options near business and leisure hubs are ideal investment choices for value appreciation. These areas have often seen decades of development and already have infrastructure in place to accommodate further economic growth and other changes. 

The entire Tierra Lipa complex is an integrated-use development that represents Php2.8 billion in investment including two residential towers and a hotel. Aside from the two residential towers, Tierra Lipa will also feature South Luzon’s first internationally-branded hotel, Dusit Princess.

5. You have the freedom to live the life you want.

Ultimately, choosing a condo in a key emerging city like Lipa is all about quality living experience and peace of mind. The COVID-19 pandemic made people realize the benefits of having not just a house, but a home where people can live a fulfilling life – a space where they will enjoy and love to come home to.

Condo living in Lipa come with benefits that can make it more than worth your while. And with these advantages, investors can have more peace of mind knowing they made a well-informed investment decision.

In Lipa, Tierra Lorenzo Lipa is one of the first condo developments in the city. It’s a low-density development with only 10 residential floors with an average of 28 units per floor ensuring privacy.

The recently-launched second tower will have spacious studio units on top of the 1BR and 2BR reflecting the preferences of investors. It is a combination of the right neighborhood, a sense of comfort, a well-connected location, and a smart investment.